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1218 Bainbridge Street

1218 Bainbridge Street, Richmond, VA 23224
Property in Manchester
Sold Sep 02, 2008
$138,950
$180,000 by Virginia Commonwealth Bank
Mortgage
1218 Bainbridge Street has been categorized by the local assessors in Richmond, VA as a residential type of property. The building on the property was first built in 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 1970. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1218 Bainbridge Street has 1,520 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,550 ft and across the front of the lot is 220 ft. The area measurement of the land has been determined as 3,485 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a flat style roof made of materials that we aren't sure of. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 25, 2008 for $138,950. That's $91.41 per sqft. 1218 Bainbridge Street was last assessed in 2023. The total value of the property was assessed at $195,000. Specifically, the land the property is located on was valued at $79,000. While improvements on the property were assessed at a total of $116,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,340. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 220
  • Total Building Area: 1,520
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 0022.35X0155.12 0000.080 AC

Ownership

  • Current Owner : MATTHEWS SONYA D
  • Previous Owner : SOUTHSIDE COMM DEV & HOUS
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Richmond City Public Schools
  • Census Tract: 061001

Zoning

  • Zoning: R-63 MULTI

Geography

  • District: 609
  • Parcel: S-000-0085-004
  • Municipality: GATEWAY
  • Latitude: 37.5213
  • Longitude: -77.4453

    Address

  • Full Address: 1218 Bainbridge St
  • Address - House Number: 1218
  • Address - Street Name: Bainbridge
  • Address - Suffix Type: St
  • State: VA
  • City Name: Richmond
  • Carrier Code: C026
  • 4-Digit Zip Code: 2134
  • Zip Code: 23224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,340

    Appraisal Valuation

  • Standard Deviation: 0.2324
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 67
  • Final Value: 247,921
  • High Value: 305,562
  • Low Value: 190,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: VIRGINIA COMMONWEALTH BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $195,000
  • Market Land Value: $79,000
  • Market Improvement Value: $116,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,000
  • Assessed Land Value: $79,000
  • Assessed Improvements Value: $116,000

    Sales

  • Current Sale Contract Date: Aug 25, 2008
  • Current Sale Recording Date: Sep 02, 2008
  • Current Sale Transaction ID: 1189296144
  • Current Sale Price: $138,950
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VIRGINIA HOUSING DEV AUTH
  • First Mortgage Transaction Date: Sep 02, 2008
  • First Mortgage Loan Amount: $111,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • Second Mortgage Lender: RICHMOND REDEVELOPMENT AN
  • Second Mortgage Transaction Date: Sep 02, 2008
  • Second Current Mortgage Financing Type: Fixed Rate
  • Second Mortgage Loan Amount: $5,760
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Unknown (DEFAULT)

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Manchester



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Unit for rent at 512 W Marshall Street, Richmond, VA, 23220

$1,700 /mo

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512 W Marshall Street #A, Richmond, VA, 23220 Listing by Tara Kelley

Frequently Asked Questions

What neighborhood is 1218 Bainbridge Street located in?
The 1218 Bainbridge Street is a located in the neighborhood of Manchester in Manchester, Richmond.
What is the average sales price for listings in 1218 Bainbridge Street?
The average sales price for units in 1218 Bainbridge Street is $0 currently.

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